Total Said to Consider Sale of Stake in Norway Oil and Gas Field

  • Co. seeking to sell down 51% stake in Martin Linge Field
  • Total’s stake in development field is worth about $1 billion

Total SA is considering selling down its 51 percent stake in an offshore oil and gas field in Norway’s North Sea, people familiar with the matter said, as the French oil giant disposes of assets to offset a slump in crude prices.

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